Life Actuary Consultant

Work you'll do

• Advising life insurance and annuity clients on actuarial modernization, business transformation, and analytical initiatives.
• Monitor life insurance and annuity product, market, and regulatory developments to anticipate client needs and inform solution design.
• Redesign and modernize business functions including underwriting, new business, product development, financial reporting, modeling, and adjacent actuarial processes.
• Support the deployment of tools, technologies, data sources, and analytics to improve stakeholder experience, reduce cost, and generate actionable insights.
• Contribute to the design and deployment of proprietary models, algorithms, data sets, and other project accelerators in a consulting environment.
• Collaborate with cross-functional teams and senior leaders to support solution development, sales efforts, actuarial assurance activities, and practice development initiatives.

Qualifications

• Bachelor's degree
• 2+ years of actuarial experience supporting life insurance or annuity products
• Successful completion of 2 actuarial exams
• 2+ years of experience in product development, including product design, pricing, filing, and implementation across one or more distribution channels
• 2+ years of experience developing experience studies for life actuarial assumptions including lapse, mortality, and expense assumptions
• 2+ years of experience in assumption setting for pricing, forecasting, financial reporting, or embedded value applications
• 2+ years of experience building actuarial projection models for pricing, financial planning, asset liability management, or financial reporting
• 2+ years of experience in financial reporting using statutory, United States Generally Accepted Accounting Principles, International Financial Reporting Standards, or tax accounting methodologies
• 1+ years of experience supporting mergers and acquisitions, including purchase accounting

Benefits

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.